Bain Capital related stories
All articles and analysis
It’s official: School Specialty deal called offBain Capital and Thomas H. Lee decided to walk away from their $1.5bn School Specialty acquisition. The two sides had been renegotiating after the senior lenders that had originally committed to financing the deal balked at the end of last month.
- Warner files for IPO
Warner Music Group, bought by Thomas H. Lee Partners, Bain Capital and Providence Equity Partners for $2.6 billion last March, has planned a $750 million IPO.
- Winning some, losing others
As some of Sun Capital’s recent battles show, the retail market is getting increasingly competitive as firms jockey for deals. By Aaron Lovell.
- Elevation Partners agrees first deal
The Silicon Valley-headquartered media and entertainment ‘venture buyout’ investor has agreed to acquire UK computer games developer Eidos for £71m.
- Bain ‘books’ $2.1bn quick flip
Four months after acquiring the Canadian directories business of Verizon for $1.5bn, the Boston private equity firm has agreed to sell the company to former KKR portfolio company the Yellow Pages Group for approximately $2.1bn.
- Behrman Capital nabs Blackstone partner
The New York-and San Francisco-based private equity firm has named Simon Lonergan, a former managing director in Blackstone’s London office, to partner.
- Carlyle to launch hedge fund programme
The Carlyle Group will set up its own hedge fund and fund of hedge funds later this year in order to battle growing competition from and meet investor demand for these omnivorous pools of capital.
- Providence, 3i take Crown for $242m
Providence Equity Partners, 3i Group and UK television executive David Elstein have agreed to buy the international business of Crown Media, owner of Hallmark Channel.
- Report: Bain bids $3.5bn for hockey league
Boston’s Bain Capital, along with sports business consultant Game Plan, have offered the National Hockey League as much as $3.5 billion to buy all 30 teams in the league, according to a report in the Toronto Star.
- Golden Gate buys Blue Martini
The San Francisco firm, founded by former Bain Capital partners, has agreed to purchase the customer relationship software company for $54m.